Westports Holdings Bhd. · MYX:WPRTS

Westports Holdings Bhd — Q4 2018 Earnings Presentation

9 slides from Westports Holdings Bhd's earnings presentation, Jan 30, 2019

  1. Slide 1: Westports Holdings Berhad 4th Quarter 2018 Financial Report

    Westports Holdings Berhad 4th Quarter 2018 Financial Report 30th January 2019

  2. Slide 2: Throughput Volume

    Throughput Volume 2  4Q18 Transhipment growth momentum accelerated further from turnaround of +12% to +18%. Strong gateway growth of +12%  2018 Intra-Asia underpinned total container growth with 61.5% split. Asia-Europe reduced decline rate with 4Q18 growth of +49%. Lower conventional with lesser

  3. Slide 3: Revenue

    Revenue 3  4Q18 Container revenue decline with MFRS15, higher underlying transhipment, gateway and VAS. Lower dry bulk and cement revenue  2018 MFRS15 adjusted, container revenue per TEU would have increased. Conventional revenue reflected lower overall volume with dry bulk being the biggest contr

  4. Slide 4: Cost

    Cost 4  4Q18 Fuel cost +23% mainly due to higher MOPS price. Manpower cost due to basic salaries and allowances with higher headcount for additional terminal equipment. Electricity cost increased more due to implementation of Imbalance Cost Pass-Through surcharge  2018 Higher depreciation with com

  5. Slide 5: Overall Results & Profitability Margins

    Overall Results & Profitability Margins 5 4Q18 4Q17 %Chg 3Q18 % QoQ 2018 2017 %Chg On YTD Performance Transhipment recovered to +0% as Container m TEUs 2.58 2.22 16% 2.45 5% 9.52 9.02 6% gateway +18%. Import +19% while export +17%. And 82% of gateway boxes are laden. Less conventional Conventional m

  6. Slide 6: Cash Flows & Total Borrowings

    Cash Flows & Total Borrowings 6 Consolidated Cash Flows Sukuk Musharakah Medium Term Note (SMTN) RM million 4Q18 4Q17 2018 2017 • 20 year Sukuk Musharakah Medium Term Note program obtained on 20 April 2011 Operating Profit Before Tenure • Valid unless it has been redeemed, cancelled Working Capital

  7. Slide 7: Future Expansion Of Westports

    Future Expansion Of Westports 2 7 Completed CT1 to CT9  From 2m TEUs in 1996 to current capacity of 14m TEUs  Comfortable terminal utilisation levels that can accommodate further growth in the coming years  CT9 can accommodate another 1m TEUs with additional TOEs Proposed expansion  Obtained App

  8. Slide 8: Dividend & Outlook

    Dividend & Outlook 8 Dividend Distribution Track Record Outlook 2019 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 2nd Interim Div 6.33 sen 2H 2018 18 Feb 2019 01 Mar 2019 1st Interim Div 5.40 sen 1H 2018 07 Aug 2018 20 Aug 2018 2nd Interim Div 7.95 sen 2H 2017 21 Feb 2018 06 Mar 2018

  9. Slide 9: Thank You

    Thank You Westports Holdings Berhad http://westportsholdings.com/ http://westportsmalaysia.com/ 2017 Annual Report http://ir.chartnexus.com/westportsholdings/docs/ar2017.pdf 2017 Sustainability Report http://ir.chartnexus.com/westportsholdings/docs/Westports%20201704%20Sustainability%20Rep%202017.pd

Westports Holdings Berhad — Q4 2018 Earnings Presentation on 6ix